Case study

UNIONBANK

Union Bank of India Limited

Worth a closer look1y model +4.5%

Each stock's 10,000-path forecast, rendered as light.

69Score

Union Bank of India Limited (UNIONBANK) Stock Analysis & Case Study

Is UNIONBANK a good buy? The data-driven verdict.

Union Bank of India Limited (UNIONBANK) trades at ₹184,on the numbers it worth a closer look, a Downstox Snapshot Score of 69/100.

On the numbers, Union Bank of India Limited (UNIONBANK) worth a closer look, a Downstox Snapshot Score of 69/100, weighing inexpensive at 6.8× earnings, ROE of 15.7%, a 55% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

UNIONBANK fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹1.40L Cr
Current price
₹184
P/E ratio
6.8×
P/B ratio
1.01×
Book value
₹183
Dividend yield
2.72%
ROCE
6.3%
ROE
15.7%
Piotroski F-Score
6/8

How UNIONBANK ranks against the 2,373 companies in our screener

We do not hold a debt-to-equity ratio figure for UNIONBANK, as of 9 Aug 2026, so it is not ranked here.

Is UNIONBANK overvalued? UNIONBANK P/E vs peers

UNIONBANK trades at 6.8× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

UNIONBANK share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of UNIONBANK history (4%/yr drift, 34%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
UNIONBANK 2027₹124₹192₹297+5%
UNIONBANK 2028₹108₹201₹374+9%
UNIONBANK 2029₹97₹210₹454+14%
UNIONBANK 2030₹91₹219₹529+19%
UNIONBANK 2031₹84₹229₹622+25%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability UNIONBANK goes up, or doubles?

55%
Higher in 1 year
Modelled chance the price is above today in 12 months
61%
Higher in 5 years
Modelled chance the price is above today in 5 years
27%
Doubles in 5 years
Modelled chance of reaching ₹367 within 5 years

The bull case for UNIONBANK

  • UNIONBANK's P/E of 6.8x is lower than 92% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Low price-to-book of 1.01×, the market is paying little over the company's net assets.
  • UNIONBANK's return on equity of 15.7% ranks in the 74th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • UNIONBANK's dividend yield of 2.7% ranks in the 92nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹454.

The bear case & risks

  • No model or past record guarantees future returns, treat this as one input, not a decision.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹97.

UNIONBANK volatility & expected range, how bumpy is the ride?

Over the last 9.8 years UNIONBANK compounded at 4%/year with annualized volatility of 34%. That volatility implies a 1-year 80% range of ₹124-₹297, the honest backbone behind any single price target.

UNIONBANK price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
4.5%
80% range₹124-₹297
P(price ↑)55%
P(price 2×)3%
3-Year Forecast
2029
₹0
Median (P50)
14.2%
80% range₹97-₹454
P(price ↑)59%
P(price 2×)18%
5-Year Forecast
2031
₹0
Median (P50)
24.8%
80% range₹84-₹622
P(price ↑)61%
P(price 2×)27%

UNIONBANK price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
UNIONBANK simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds UNIONBANK hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the UNIONBANK price target & forecast page.

UNIONBANK Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. UNIONBANK scores 6/8, mixed financial health.

UNIONBANK MTF margin & leverage across 11 brokers

Margin Trading Facility lets you buy UNIONBANK with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox28.22%3.5×
Zerodha27.00%3.7×
Groww27.01%3.7×
DhanCHEAPEST24.68%4.1×
Kotak Neo25.00%4.0×
Paytm Money25.59%3.9×
Pocketful31.88%3.1×
Fyers32.26%3.1×
Anand Rathi31.68%3.2×
Bajaj Broking26.00%3.8×
Share India31.71%3.2×

Compare every broker on the UNIONBANK MTF page.

About Union Bank of India Limited: sector, index & market-cap context

Union Bank of India Limited (UNIONBANK) is a large-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹1.40L Cr. See more stocks on our screener.

How the UNIONBANK Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Union Bank of India Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

UNIONBANK analysis, FAQs

Is Union Bank of India Limited (UNIONBANK) a good buy?

On the numbers, Union Bank of India Limited (UNIONBANK) worth a closer look, a Downstox Snapshot Score of 69/100, weighing inexpensive at 6.8× earnings, ROE of 15.7%, a 55% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is UNIONBANK overvalued or undervalued?

UNIONBANK trades at 6.8× earnings, inexpensive versus the ~22× long-run Nifty average.

What is the UNIONBANK share price target for 2031?

UNIONBANK's probability-weighted 2031 median target is ₹229, with an 80% range of ₹84-₹622 (10,000-path Monte-Carlo).

What is the probability UNIONBANK doubles in 5 years?

The modelled probability of UNIONBANK reaching ₹367 (2×) within 5 years is 27%.

What is the bull case for UNIONBANK?

UNIONBANK's P/E of 6.8x is lower than 92% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. Low price-to-book of 1.01×, the market is paying little over the company's net assets. UNIONBANK's return on equity of 15.7% ranks in the 74th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in UNIONBANK?

No model or past record guarantees future returns, treat this as one input, not a decision.

More on UNIONBANK